Search Results for: US
LinkedIn could soon be banned in Russia
October 27th, 2016
The world’s largest professional network LinkedIn could soon be blocked in Russia. The company has failed to comply with a law that obliges companies to keep data on Russian users in the country. Apart from not moving servers to ...
Leviathan gas pipeline via Cyprus to Greece would cost about $5.7 billion
October 27th, 2016
The EU Commission, which financed a feasibility study, has recognized the pipeline as a Project of Common Interest. A feasibility study conducted by IGI-Poseidon, which was commissioned by the EU Commission, has found that laying a natural gas pipeline ...
Middle East economies rise in doing business rankings; UAE and Bahrain among top 10 improvers
October 27th, 2016
A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ...
AAT affirms ASIC’s decision to refuse an application Clemente Group Holdings Pty Ltd for a derivatives/market maker licence
October 27th, 2016
The Administrative Appeals Tribunal (AAT) has affirmed ASIC’s decision to refuse an application from Clemente Group Holdings Pty Ltd (Clemente) seeking an Australian Financial Services (AFS) licence to provide various financial services, including to make a market in derivatives. ...
BoE Carney Against Further Rate Cuts and Stimulus
October 26th, 2016
The British pound was falling versus its major peers on Tuesday, ahead of BoE Governor Mark Carney’s testimony before the House of Lords Economic Committee. The pound rebounded during the speech, as the Governor stated the market is “mistaken” ...
SoftBank to invest billions of USD in global technology sector
October 26th, 2016
SoftBank Group Corp. (“SBG”) announces that it will form a private fund (the “Fund”) for making investments in the technology sector globally, which is tentatively to be named “Softbank Vision Fund.” SBG expects to invest at least USD 25 ...
Crude prices push further below $50 on rising U.S. inventories, OPEC fears
October 26th, 2016
Oil prices were depressed in early Asian trade Wednesday, dragged lower by a sharp growth in the U.S. crude inventories and rising prospects that a production cut deal proposed by the Organization of the Petroleum Exporting Countries could sour ...
Alpari opened up a new global headquarters in Mauritius
October 26th, 2016
The global financial brand Alpari opened a new international headquarters on 25 October, 2016 in the macro-region which encompasses the countries of Southern Africa and the Indian Ocean basin. The company’s main office is situated in the business ...
The Financial Conduct Authority (FCA) bans two individuals from the financial services industry
October 26th, 2016
The Financial Conduct Authority (FCA) has issued on October 25 an announcement to inform that the Authority has banned two individuals from performing any function in relation to any regulated activity in the financial services industry. On 22 November ...
Dollar underpinned by Fed rate expectations, Aussie shines
October 26th, 2016
Underpinned by expectations U.S. rates will rise by the year-end, the dollar held steady in Asia trading on Wednesday, just below a near nine-month peak struck overnight, while the Australian dollar gained as inflation data doused chances of a ...
